Brent Beckley apparently knew when to fold. The co-founder of online gaming website Absolute Poker pleaded guilty yesterday to conspiracy to violate the Unlawful Internet Gambling Enforcement Act as well as conspiracy to commit bank and wire fraud eight months after U.S. prosecutors went all-in on a number of online...

Earlier this week the Justice Department (DOJ) sued the owners of the online poker website Full Tilt Poker for allegedly defrauding its thousands of online poker players out of more than $440 million. But the card sharks aren’t going down without a fight.

Who knew Charles Ponzi also was a card shark? The U.S. Justice Department (DOJ) yesterday filed a civil suit accusing professional poker players and owners of online poker website Fill Tilt Poker of bluffing its members out of their money.